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  3. Study Set
    Introduction to Accounting
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    Exam 10: Recording and Evaluating Revenue Process Activities
  5. Question
    The Account "Advances from Customers" Is A(n)
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The Account "Advances from Customers" Is A(n)

Question 11

Question 11

Multiple Choice

The account "Advances from Customers" is a(n) :


A) asset account
B) liability account
C) revenue account
D) contra-revenue account

Correct Answer:

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